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0 -0.000934386641911638 -0.000964723870545101 -0.000934386641911638 0.000157753588894038 0.00173528947783546 0.00440496559758272 0.00440496559758272
Stock impact report

BAE Systems awarded $70 million contract for future Virginia Payload Module missile tubes [Yahoo! Finance]

BAE SYSTEMS PLC S/ADR (BAESY) 
NASDAQ:AMEX Investor Relations: investors.baesystems.com
Company Research Source: Yahoo! Finance
LOUISVILLE, Ky. April 2, 2025 /PRNewswire/ -- BAE Systems (LON: BA) received a $70 million contract award from General Dynamics Electric Boat for the production of Virginia Payload Module (VPM) missile tubes for Block VI Virginia-class submarines. "These missile tubes deliver critical firepower to the Virginia-class submarine fleet, a cornerstone to U.S. national security," said Charles Lewis , director of Submarine Programs for Platforms & Services at BAE Systems. "Continuing to manufacture VPMs at our Louisville, Kentucky , facility maintains our strong support to the industrial base, while also ensuring Sailors receive the capability they need to protect our country." VPM tubes add significant firepower and payload capacity to the Virginia-class submarine due to its ability to launch up to seven Tomahawks or future missile variants. These complex structures are built by the highly skilled and deeply experienced workforce at the Louisville facility. The facility also builds t Show less Read more
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